Correct option is B
India signed the Economic Cooperation and Trade Agreement (ECTA) with Australia in 2022. This agreement is a significant step toward enhancing bilateral trade between the two countries. ECTA is designed to improve access to markets for goods and services, promote investment flows, and foster cooperation in various sectors like education, healthcare, and technology. The deal is expected to double bilateral trade between India and Australia to approximately $50 billion over the next five years. It also provides Indian exporters easier access to the Australian market by reducing tariffs on a wide range of goods.
